Water depletion is a major negative consequence of gold mining. The large amount of water required to run a gold mining operation exacerbates its impact on local communities, many of which are already experiencing drought.
|Acid Mine Drainage|
Open pit mining creates great waste for a small yield. On average, it takes 79 tons of waste to extract one ounce of gold, according to a conservative estimate by the No Dirty Gold campaign, a project of EarthWorks and Oxfam. The process involves grinding up ore, and then exposing it to cyanide in order to extract the gold. Sulfides in the crushed rocks interact with air and water to create sulfuric acid, which in turn creates acid mine drainage (AMD). In and of itself, AMD is harmful to ecosystems because it makes water too acidic to support life. Additionally, the sulfuric acid in AMD leaches out other substances from the waste ore, such as arsenic, cadmium, lead and mercury, which can have disastrous health effects, and can contaminate both air and water. Gold mining has been linked to 96 percent of the world’s arsenic emissions.
Cyanide is the chemical-of-choice for mining companies to extract gold from crushed ore, despite the fact that leaks or spills of this chemical are extremely toxic to fish, plant life and human beings. Cyanide is a deadly chemical, used in the gas chambers of the Second World War and on death row in the United States between 1930-1980. The chemical has caused havoc in water systems across the world with over 30 spills in the last five years.
|Confidential Witness reports related to class action against Barrick Gold|
by compiled by Sakura Saunders (with protestbarrick.net), filer: Labaton Sucharow
August 3rd, 2013
The following is excerpts from court documents filed by Labaton Sucharow LLP on August 2, 2013 in the U.S. District Court for the Southern District of New York. These documents were related to a class action lawsuit filed on behalf of persons or entities who purchased the publicly-traded common stock of Barrick Gold Corporation on the New York Stock Exchange between May 7, 2009 and May 23, 2013. The excerpts focus on information related to the testimony of former employees of Barrick Gold acting as confidential witnesses (CW1 - CW5) in the case.
|The Case Against Barrick Gold: Why Shareholders are turning on this mining giant|
by Sakura Saunders, Special to ProtestBarrick
July 26th, 2013
On June 5, 2013, Lewis and Patricia Clark filed a class action lawsuit for themselves and other shareholders against the world's largest gold miner for “making false and misleading statements and concealed material information” relating to Pascua-Lama’s delays and costs. The class covers everyone who bought Barrick common stock between May 7, 2009, and May 23, 2013. Since this date, at least 9 law-firms have taken on the case against Barrick.
|Exclusive: Chile indigenous group likely to appeal Barrick ruling: lawyer|
by Alexandra Ulmer, Reuters
July 18th, 2013
A Chilean indigenous group will likely ask the Supreme Court to review a lower court decision on Barrick Gold Corp's Pascua-Lama gold mine, because the ruling does not go far enough to protect the environment, a lawyer representing the group told Reuters on Thursday.
|Tanzania: Tarime Boy Drowns in Gold Mine Sand Pit|
by AMBROSE WANTAIGWA, Tanzania Daily News
July 11th, 2013
THREE people died in separate incidents in Mara Region including a fifteen-year-old boy identified as Matiko Chacha who drowned in North Mara Mine's Gokona pit, police have said.
|VIDEO: Diaguita Sing Against Barrick Gold|
A video and song by Pedro Martinez, a member of the ethnic Diaguita who are opposed to Barrick Gold on their lands.
by Tim Elliot, Sydney Morning Herald - Good Weekend
In the Highlands of Papua New Guinea, the locals are largely locked out of the wealth of a lucrative goldmine. Tim Elliott meets a few brave young men determined to claim just a tiny piece of pie.
|Barrick's Pascua Lama could wind up costing US$10bn, analyst says|
by Alexandra Demo-Dananberg, BN Americas
June 26th, 2013
Canadian Barrick Gold's Pascua Lama project on the border of Chile and Argentina could wind up costing US$10bn to build, according to Credit Suisse analyst Anita Soni.
|Open letter to Corporate Knights regarding Barrick's placement at #4 on "Best 50 of 2013"|
June 14th, 2013
I am writing in response to your recent "Best 50 of 2013" listing, where you place Barrick Gold in the position of 4th best corporate citizen. You acknowledged that awarding them this honour would stir controversy, as you acknowledge the company has many accusations placed against it for human rights abuses, and even the Chilean government recently shut down its Pascua Lama project due to "environmental irregularities". Still, referencing "publicly disclosed data points that can be compared across companies", you insist that Barrick is a corporate leader.
|Corporate Knights defend abusive corporations
by Sakura Saunders, An edited version appeared in NOW Magazine
June 13th, 2013
You only need to check out Corporate Knights magazine’s just-issued Best 50 Corporate Citizens In Canada index to get that “clean capitalism” is all show, no substance.
|Why NZ Super dumped Barrick Gold|
by Tim Hunter, Timaru Herald via stuff.co.nz
Why NZ Super dumped Barrick Gold
|Barrick fined $16m for Pascua-Lama violations|
by LUIS ANDRES HENAO, Associated Press
May 24th, 2013
Chile's environmental regulator blocked Barrick Gold Corp.'s $8.5 billion Pascua-Lama project on Friday and imposed its maximum fine on the world's largest gold miner, citing "very serious" violations of its environmental permit as well as a failure by the company to accurately describe what it had done wrong.
|New Zealand Superannuation Fund excludes Barrick Gold and subsidiary African Barrick Gold on responsible investment grounds|
New Zealand Superannuation Fund
May 13th, 2013
The New Zealand Superannuation Fund has excluded global mining company Barrick Gold Corporation and its subsidiary African Barrick Gold from its $22 billion investment portfolio on responsible investment grounds.
|Q&A: Sen. Allende on Barrick Gold’s controversial Chilean mine|
by Kalynne Dakin, Santiago Times
May 8th, 2013
The Socialist Party senator addresses constituent and worker concerns as US$8.5 billion Pascua-Lama mine faces shutdown.
|Barrick’s mea culpa
by Christian Pena, Now Magazine
May 2nd, 2013
If spirits were low inside the venue, outside the mood was buoyant. Activists cheerfully propped up a monster puppet of Munk with a Pinocchio nose to illustrate their view of the company’s claims to social responsibility and drew attention to Barrick’s incursions on indigenous land and its reaction to alleged gang rapes and abuses by company security in Papua New Guinea.
|Barrick’s environmental foes jump on wobbly miner |
by MARTIN MITTELSTAEDT , Globe and Mail
April 25th, 2013
The long term outlook for Barrick shares hinges on many factors: the gold price is obviously the biggest driver, but the company also faces vociferous opposition from environmentalists and many residents around its mine sites, which should be a long term worry for shareholders.
|Barrick AGM Protest in pictures|
April 24th, 2013
Protesters braved the rain to send a message to shareholders of Barrick Gold: "Barrick is a toxic asset, invest in life!" (all photos Allan.Lissner.net)
|Chile rejects Barrick’s appeal to resume work at Pascua Lama|
by Cecilia Jamasmie, Mining.com
April 23rd, 2013
Chilean appeals court rejected Canadian Barrick Gold (NYSE, TSX: ABX) subsidiary Minera Nevada's plea to reverse the order to suspend construction on the troubled Pascua Lama gold and silver project.
|New Report! "Debunking Barrick"|
by multiple authors, ProtestBarrick
April 23rd, 2013
As Protest Barrick completes its sixth year of working with communities impacted by Barrick Gold, we are publishing a different kind of alternative annual report. We have noticed over the years that despite some of Barrick`s major abuses coming into light, the company has been able to maintain – within select circles – a reputation for Corporate Social Responsibility (CSR). Meanwhile, around the world, Barrick’s name is still associated with corruption, abuse and environmental harms.
|Dominicans Protest Against Canadian Miner Barrick Gold|
Latin American Herald Tribune
April 22nd, 2013
Dozens of people marched Thursday in this northern Dominican city against Canadian miner Barrick Gold, which is developing the massive Pueblo Viejo gold mine in the Caribbean nation.
|2012-13: A bad year for Barrick|
excerpt of "Debunking Barrick", an alternative annual report on Barrick Gold
April 18th, 2013
Before you think about investing in Barrick, check out this timeline of actions against Barrick's operations around the world since last July.